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Because they want access to the 1.4 billion person market it China that has rapidly growing purchasing power. And they want to be able to manufacture in China. And you just can't walk into China and start selling and manufacturing. You have to partner with native companies. It's the latter that have ties to Chinese intelligence services.
And however much I may or may not trust my government to act in my best interest, I trust it VASTLY more than China.
Quote:
Originally Posted by Neuling
I think that's propaganda. And companies know it, why else would VW, Tesla etc. still be building factories in China?
And in the West there is also surveillance and espionage by secret services everywhere, we should get rid of the absurd idea that the West is ideal and the good guy, and everyone else is wrong and bad.
Can't read it because of my adware blocker. But I think I have heard of it before. But that is nothing unusual, it is the old cold-war games all sides have been playing for decades, just like there are tiny military conflicts all the time. At least the Chinese don't go round and chop other people into pieces like US buddy Saudi-Arabia does
So if they have been doing this for decades as you say... why are you acting as though they have changed their behavior? They haven't.
Publicly traded companies such as Xiaomi or Oppo hardly have ties to secret services. Not more so than Microsoft, Google, or Cisco etc. in the US anyway. US companies are also obliged to work with the government.
I am speaking of countries, not companies. Countries have been involved in such things for decades.
But Huawei is a company, and not even a state-owned one, at least judging form Huawei's own statement. Huawei says it is owned by its own employees. If their CEO orders employees to steal IP, it doesn't have to do with politics, unless they were instructed to do so by the Chinese government.
If anything one can blame the Chinese for being rather unprofessional in their activities, not for being worse than the West.
I am speaking of countries, not companies. Countries have been involved in such things for decades.
But Huawei is a company, and not even a state-owned one, at least judging form Huawei's own statement. Huawei says it is owned by its own employees. If their CEO orders employees to steal IP, it doesn't have to do with politics, unless they were instructed to do so by the Chinese government.
If anything one can blame the Chinese for being rather unprofessional in their activities, not for being worse than the West.
Ren Zhengfei, Huawei’s founder and lifelong president, officially owns 1.4% of the company’s shares. The rest are held by the Union of Huawei Investment and Holding Company on behalf of the employees. Critics suspect that the Union is controlled by an elite layer of management with loyalties to China’s ruling Communist Party. Huawei has said that isn’t true.
However, since Beijing passed the National Intelligence Law last year, calling for “all organizations [to] collaborate in national intelligence work”, whether Huawei is directly connected to central authorities matters less to foreign objectors.
Also - a study on their ownership is here. For a company claiming not to be state owned, there sure is a lot of confusion and mystery about how they are structured.
• The Huawei operating company is 100% owned by a holding company, which is in turn approximately 1% owned by Huawei founder Ren Zhengfei and 99% owned by an entity called a “trade union committee” for the holding company.
• We know nothing about the internal governance procedures of the trade union committee. We do not know who the committee members or other trade union leaders are, or how they are selected.
• Trade union members have no right to assets held by a trade union.
• What have been called “employee shares” in “Huawei” are in fact at most contractual interests in a profit-sharing scheme.
• Given the public nature of trade unions in China, if the ownership stake of the trade union committee is genuine, and if the trade union and its committee function as trade unions generally function in China, then Huawei may be deemed effectively state-owned.
• Regardless of who, in a practical sense, owns and controls Huawei, it is clear that the employees do not.
Yes, the question of ownership is anything but transparent.
Ownership also matters regarding subsidies. If it is a state-owned company, the allegation of subsidies makes no sense as the state is simply the rightly investor. Subsidies only applies to non-state companies receiving state money.
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